Mount Isa City, Queensland
EXCITING LEASEHOLD OPPORTUNITY - 1942ML
LEASEHOLD $925,000
Business Description
Seize the chance to own the Leasehold Interest of this Motel, located in the prime location of Townview/Mt Isa. This well-established, family-friendly motel offers a solid platform for growth in a bustling regional market.
- Established Clientele: The motel boasts long-term customer relationships and a stellar reputation with both locals and visitors.
- Proven Occupancy: A consistent track record of bookings, especially during peak seasons, ensures steady revenue.
- Effortless Operation: A straightforward, low-maintenance business model - ideal for an owner-operator or family team.
- Growth Potential: With opportunities to expand services, upgrade facilities, or launch targeted marketing, the potential for increased revenue is vast.
- The 70-seat restaurant, currently non-operational, offers huge potential for growth. Reopen and cater to overnight guests and the local community for added income.
Whether you’re an experienced hospitality operator or new to the industry, this presents a unique chance to own a thriving business with strong potential for future success.
Net Profit: $267,838 for 2022/23 (as provided by vendor)
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1942ML (quote when enquiring)
Property Code: 5127
Business Summary
Key Investment Insights
- Prime Location: The motel is situated in a highly sought-after area, known for its bustling regional market and high tourist traffic.
- Well-Established Business: With a solid reputation and long-term customer relationships, this motel has a strong foundation for continued success.
- Consistent Bookings: The motel has a proven track record of high occupancy rates, ensuring a steady stream of revenue.
- Low Maintenance: The business model is simple and easy to manage, making it an ideal opportunity for an owner-operator or family team.
- Potential for Growth: There are multiple opportunities for growth, such as expanding services, upgrading facilities, and implementing targeted marketing strategies.
- Additional Income Potential: The 70-seat restaurant on the premises, currently not in operation, presents a significant opportunity for additional income by catering to guests and the local community.
- Experienced Operator or Newcomer: This business is suitable for both experienced hospitality operators and those new to the industry, offering a unique chance to own a successful business.
- Strong Financials: The net profit for the upcoming financial year is projected to be $267,838, providing a solid return on investment.
- Support and Guidance: The vendor and Tourism Brokers are available to provide support and guidance to the new owner, ensuring a smooth transition.
- Property Code: The property has a designated code (5127), making it easy to identify and inquire about.
